112 E 6Th Street E Ottumwa, IA $ 160,000
112 E 6Th Street E
$ 160,000
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112 E 6Th Street E

Ottumwa, IA, 52501
$ 160,000
Baths0.0 Sq 2,866

Monthly Estimate*

$ 998

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Studio

Multi-Family Home for sale in Ottumwa, IA

for $160,000. This 2,866 square foot home was built in 1900 on a lot size of 0.2.

4-Plex Investment Property – Fully Updated! Fantastic opportunity to own a fully updated 4-plex with major capital improvements already completed. Each of the four units has been thoughtfully renovated and is move-in ready. Perfect for investors seeking steady rental income with minimal maintenance. Property Highlights include: All major systems updated in 2025, including brand new furnaces and hot water tanks per unit, new appliances in all units, including washer/dryer sets, refrigerators, and stove/ranges. Also features remodeled bathrooms in every unit for modern comfort, new flooring, vinyl windows, and fresh paint throughout. Separate meters and new fuse boxes which enables tenants pay their own utilities (Excluding Water - $150 per month) This low-maintenance multi-family property is ideal for both seasoned investors and those looking to enter into the rental property market. Schedule your viewing today.

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Multi-Family Active

Price

$ 160,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 860

Style

Lot Size

0.2

Year Built

1900

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6333555

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 0
Construction Materials Shakes Wood Siding
Year Built 1900
Stories Count 2
Property Subtype Quadruplex
Tax Year 2024
Gross Income 3100
Accessibility None
County Wapello
Net Operating Income 2476
Operating Expense 3720
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Status Active
Directions From Fairfield IA: Head west on US-34 - Take Exit 35 toward Pennsylvania Ave - Turn left on onto 100th St - Turn left onto N Court St - Slight left onto 6th St E - Destination will be on right side
Association Name SEIA
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 8712
Tax Annual Amount 860
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 150
Living Area Units Square Feet
Standard Status Active
Legal Description OTTUMWA ORIGINAL NW 5'5 LOT 13 BLK 1/2 3 SE 1/2 LOT 14 BLK 1/2-3(112 E SIXTH)
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Interior
Basement Full
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions 43X198
Lot Size Acres 0.2
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* Excluded Features
List By
Amber Lyons

Listing Agent

Fairfield Real Estate

Broker

641-472-2353

Contact

Affordability Calculator

$1,070
Per Month
93%
7%
0%
Monthly Principal & Interest
$998
Monthly Property Taxes
$72
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$160,000 -5.88% Price Down
11/8/2025$170,000 Listed Price

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112 E 6Th Street E, Ottumwa, IA, 52501 is a Multi-Family Home for sale at $160,000 with 2,866 sqft and a lot size of 0.2. 112 E 6Th Street E is a studio with 0.0 baths and was built in 1900. The property's zip code is 52501 which is in Ottumwa, IA